XAU/USD: drop to February lows

Current trend In early February, the price of gold, which investors perceive as a “shelter asset”, was growing rapidly in view of a sharp decline of USD. In the middle…

XAU/USD: general analysis

Current trend Gold continues to trade in a downtrend, the nearest important resistance level is at around 1347.66. If the price consolidates above it, then we can talk about changing…

XAU/USD: general review

Current trend  Gold continues to trade in an uptrend. The nearest resistance level is at the 1295.97 mark, the next is stronger: at 1300.00. If in the near future we…

XAU/USD: long-term downward trend

Current trend After significant fall in the beginning of December gold price reversed and it has now been growing during two last trading weeks. The main catalyst for the strengthening…

XAU/USD: gold prices are consolidating

Current trend Yesterday gold prices changed insignificantly and stayed around lows, renewed on November 30. The instrument is under pressure of the strengthening USD, which is supported by the anticipations…

XAU/USD: gold is getting cheaper

Current trend The prices of gold dropped considerably during yesterday’s trading marking a new local minimum since November 14 and continuing to develop “bearish” dynamics formed on Wednesday. The instrument…

XAU/USD: gold is slightly going up

Current trend Gold prices almost failed to change as a result of yesterday’s trading after updating a local maximum on Monday. During today’s morning session the pair is showing growth…